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Monday, 13 May 2013

Energy prices-here we go again

Well, my fixed deal with Scottish Power is coming to an end, and the price hikes I described last year seem still to be with us, with the increase on the total bill at 18%, a 15% hike on daytime electricity, a 16% hike on night electricity, and a 19.7% hike on gas.

And then they’ve also cut the discounts offered, and hiked the price on the first units.

So, this is fixed until August 2014. They do have a cheaper tariff, but there’s an exit penalty. This special offer has to be chosen by the end of June, and may be withdrawn at any time.

So, my reasoning is that it’s best to lock into this price, and then see if any cheaper deals appear as we approach the winter, as we don’t actually use much energy during the summer anyway. Fingers crossed for some price drops.

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